EnergyPre-market
Oil steadies amid surplus concerns and sanctions
pre-market1 source ↓written by the desknot a recommendation
- a barrel
- $63
- Intermediate remained below
- $60
Oil steadied as traders assessed glut concerns and the impact of US sanctions on Russia. Global benchmark Brent traded above $63 a barrel, while West Texas Intermediate remained below $60. Market outlooks are expected this week, potentially influencing future price movements.
Not investment advice. For informational purposes only.